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Sunday, 21 May 2017

Stories we should be thinking about 21/05/17

Here are a few finance and related stories to be thinking about ahead of the new working week...

Macro matters:

Let’s
start with consumption which is, of
course around 70% of a developed market economy. So kind of interesting/worrying to read this
about UK wage trends in The Sunday Times:

‘wages would not rise above
2007 levels until 2022, adjusting for inflation…Even with unemployment at a
40-year low, shifts in the labour market such as the growth of part-time work
and zero-hours contracts suggest that pay has become less responsive to greater
competition for jobs’

Hmm…some
difficult comps coming up for UK retail
sales from the summer onwards. I
still like more domestic plays…but focus on your stockpicking.

Meanwhile
consumption/wage trends are not much better elsewhere in the world. Here's the recent European trend…

You can read all of Stories we should be thinking about for free by clicking here.